Top Gold ETF vs Top Flexi Cap Mutual Fund: Which of 2 has given higher returns on Rs 11,000 monthly SIP investment? Get details
Top Gold ETF vs Top Flexi Cap Mutual Fund in 10 Years: Quant Flexi Cap Fund - Direct Plan is the top flexi cap mutual fund, while LIC MF Gold ETF is the top gold ETF in terms of annualised SIP returns in 10 years.
Top Flexi Cap Mutual Fund vs Top Gold ETF: Flexi cap mutual funds can make investments in stocks of any market capitalisation. They have 65 per cent of their investments in equity mutual funds, as per Securities Exchange Board of India's (Sebi) classification of mutual funds. Though they can invest in large, mid, and small cap stocks in any proportion, they need to maintain at least 25 per cent of their investments in all 3 caps. The rule benefits the fund manager to shift the scheme's investments from non-performing market capitalisation stocks to the performing category.
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Golf exchange traded funds (ETFs)
Golf exchange traded funds (ETFs), on the other hand, are mutual funds that can be traded in a stock exchange like any other ETF. They follow the price of domestic gold. One Gold ETF unit is equal to 1 gramme of gold and is backed by physical gold of very high purity. People who don't want to purchase physical gold may opt for gold ETFs.
Top gold ETF mutual fund in 10 years
The top gold ETF in terms of highest annualised SIP returns (XIRR) is LIC MF Gold ETF. It has had 11.72 per cent XIRR in the 10-year time frame.
Top flexi cap mutual fund in 10 years
The top flexi cap in terms of highest annualised SIP returns (XIRR) is Quant Flexi Cap Fund - Direct Plan. It has given 26.45 per cent XIRR in the 10-year time frame.
Quant Flexi Cap Fund - Direct Plan
It has an asset base of Rs 7,436 crore, while its net asset value (NAV) is Rs 120.2375.
Benchmarked against NIFTY 500 TRI, the fund has given 21.91 per cent annualised returns (CAGR) since its inception in January 2013.
Quant Flexi Cap Fund - Direct Plan
With an expense ratio of 0.59 per cent, the fund has Rs 5,000 as the minimum lump sum investment and Rs 1,000 as the minimum SIP investment.
The fund has 92.45 per cent of its investments in equity, 4.07 per cent in cash and cash equivalents, and 3.48 per cent in debt.
Quant Flexi Cap Fund - Direct Plan
In its 34-stock portfolio, the fund has Reliance Industries Limited, ITC, HDFC Bank, and Samvardhana Motherson as the main holdings.
LIC MF Gold ETF
The ETF has assets under management of Rs 127 crore, while its NAV is Rs 6,456.5331.
The gold ETF has given 6.29 per cent annualised return since its inception in November 2011.
At an expense ratio of 0.41 per cent, the ETF has Rs 10,000 as the minimum investment.
Top flexi cap mutual fund vs top gold ETF in 10 years: Higher return calculation
A Rs 11,000 monthly SIP LIC MF Gold ETF has turned into Rs 24,27,355 in the 10-year period.
Top flexi cap mutual fund vs top gold ETF in 10 years: Higher return calculation
A Rs 11,000 monthly SIP in Quant Flexi Cap Fund - Direct Plan in 10 years, or a total investment of Rs 13,20,000, has grown to Rs 53,67,659.